Airbus increases list-prices by 2%

Mumbai, Jan 15 (PTI) European aircraft maker Airbustoday announced that it has revised upwards the average list-prices by 2 per cent across product...

Mumbai, Jan 15 (PTI) European aircraft maker Airbustoday announced that it has revised upwards the average list-prices by 2 per cent across products product lines, a movethat will make leasing or purchasing of the planes costlier.

The new prices come into effect from January 1, Airbussaid in a statement today.

All major domestic carriers with the exception of no-frills SpiceJet are either only Airbus planes or have the amix of both Airbus and Boeing planes in their fleet.

"Airbus has increased the average list-prices by 2 percent across the product line, effective January 1," thestatement said.

Commenting on the new prices, John Leahy, chiefoperating officer of commercial aircraft at Airbus said "thenew pricing reflects our continuous investments into aircraftprogrammes to maximise their value for our customers'satisfaction."Indian airlines are likely to induct over 900 aircraftin the coming years, with IndiGo, which is the largestcustomer for the plane-maker in the country, alone expected toadd 448 planes.

According to data available with the aviationministry, budget airlines IndiGo, SpiceJet, GoAir and AirAsiaare set to significantly expand their respective fleet sizes.

Going by the order book with Airbus and Boeing, mostof these airlines will be inducting Airbus planes, IndiGoleading the pack. PTI IAS RAM BENBEN.

This is unedited, unformatted feed from the Press Trust of India wire.

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